Looking back at the Monad airdrop incident, it inevitably reminds one of those ICO projects during Ethereum’s rise in 2017. At that time, many users also suffered heavy losses due to operational mistakes or project vulnerabilities. More than five years have passed, technology has advanced, but the weaknesses of human nature remain unchanged.

The user who mistakenly burned $112,000 worth of MON rewards is most likely a beginner. Submitting failed transactions repeatedly without noticing, ultimately burning all their tokens—this kind of mistake was very common in the early days. I remember during Ethereum congestion back then, some people also exhausted their ETH due to repeated failed transactions caused by incorrect gas settings. This reminds us that even veterans need to stay vigilant at all times, especially when handling large amounts of assets.

What’s even more worrying is the vulnerability present on the official Monad page. This brings to mind the 2016 incident when The DAO project was hacked, leading to a fork. Negligence in security by project teams often brings catastrophic consequences to the entire ecosystem.

History always has a way of repeating itself. New projects are emerging one after another, but old problems are still recurring. As participants who have experienced multiple bull and bear markets, we have a responsibility to remind newcomers about risks and urge project teams to prioritize security. After all, only by building a safer, more user-friendly ecosystem can the entire industry truly grow and thrive.